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Fire & Gas Detection Technologies (XTAE:FGAS) Gross-Profit-to-Asset % : 29.71% (As of Dec. 2023)


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What is Fire & Gas Detection Technologies Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Fire & Gas Detection Technologies's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₪16.67 Mil. Fire & Gas Detection Technologies's average Total Assets over the quarter that ended in Dec. 2023 was ₪56.12 Mil. Therefore, Fire & Gas Detection Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 29.71%.


Fire & Gas Detection Technologies Gross-Profit-to-Asset % Historical Data

The historical data trend for Fire & Gas Detection Technologies's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fire & Gas Detection Technologies Gross-Profit-to-Asset % Chart

Fire & Gas Detection Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial -37.55 -0.74 3.13 13.92 27.43

Fire & Gas Detection Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 8.79 18.76 32.11 29.71

Competitive Comparison of Fire & Gas Detection Technologies's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, Fire & Gas Detection Technologies's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fire & Gas Detection Technologies's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fire & Gas Detection Technologies's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Fire & Gas Detection Technologies's Gross-Profit-to-Asset % falls into.



Fire & Gas Detection Technologies Gross-Profit-to-Asset % Calculation

Fire & Gas Detection Technologies's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=15.138/( (41.436+68.936)/ 2 )
=15.138/55.186
=27.43 %

Fire & Gas Detection Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=16.672/( (43.296+68.936)/ 2 )
=16.672/56.116
=29.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Fire & Gas Detection Technologies Gross-Profit-to-Asset % Related Terms

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Fire & Gas Detection Technologies (XTAE:FGAS) Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Bror Hayil, Ashkelon Beach, Ashkelon, ISR, 693709
Fire & Gas Detection Technologies Ltd is engaged in the business of providing flame detection systems to the Oil & Gas industry.

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